IRVINE, CA, Aug. 05, 2022 (World NEWSWIRE) — UA Multimedia, Inc. (OTC: UAMM), a technological know-how holding business and remedy supplier in the regions of blockchain, cryptocurrency, non-fungible token (NFT) and metaverse, is delighted to introduce its NFT swapping system and to deliver standard business updates.
UA Multimedia has been developing a system that will allow owners of NFTs to checklist and swap their NFTs for other digital assets, including cryptocurrencies.
As the NFT market place became a lot more mature, the space saw an increasing selection of blockchains offering their personal model of NFTs. Most NFT marketplaces only accept a confined amount of payment methods consequently limiting transaction functions.
The new downturn in the crypto current market experienced slowed the sum of NFT and crypto trading quantity noticeably across the board. The low liquidity resulted in many NFT entrepreneurs not able to sell their digital property.
To spur NFT and crypto buying and selling activities, UA Multimedia will be providing a provider that will enable entrepreneurs of NFTs to swap their digital assets centered on mutually agreed values. Not only NFTs on 1 blockchain can be swapped for NFTs on yet another blockchain, they can also be swapped for numerous cryptocurrencies. The Company will act as an intermediary to facilitate the exchanges.
The Corporation plans to start a preliminary edition of the system afterwards this month.
GogiSwap is a decentralized permissionless cryptocurrency trade. The platform does not listing any tokens. It strictly connects to a community of key crypto exchanges worldwide to provide buyers with the best selling price discovery and liquidity for effective trading.
Unlike centralized exchanges, GogiSwap is a wallet-agnostic and non-custodial system that does not need customers to deposit funds into their accounts. All transactions are created by using the user’s personal digital wallets, so permitting them to be in comprehensive management of their cryptos.
Thanks to stiff competition and weak point in the market, buying and selling on the platform has been sluggish. The Firm expects to see increasing activities in the in close proximity to foreseeable future as it options to use this system to make assisted exchanges and to assistance the NFT swapping services.
The Business is establishing a system that will enable people to build media contents and interact in social activities to get paid benefits tokens. The application is scheduled to launch this quarter.
Gogi Market is a Binance Sensible Chain NFT marketplace. The platform enables end users to mint, listing, get and promote NFTs on the Binance chain at nominal transaction cost.
The Organization just lately use the marketplace to mint and airdrop NFTs to its shareholders as shareholder benefits. Holders of the NFTs mechanically get entered into periodic raffles for a variety of prizes as properly as a share of lottery winnings.
The Business strategies to use this system and other chain marketplaces to supply future NFTs as effectively as to assistance NFT swapping companies.
GOGI Utility Token
The Company’s Binance Good Chain BEP20 utility token, GOGI, has a short while ago been airdropped to UA Multimedia’s shareholder as benefits. The token can also be attained by participating in or partaking with the Company’s companies and actions.
GOGI is currently remaining traded at PancakeSwap, BakerySwap and dex.expert. Aside from these exchanges, the Firm ideas to list the token on additional exchanges when it has been a lot more broadly distributed.
Metaverse is the upcoming significant technological know-how frontier. Bloomberg predicted its likely revenues to arrive at $800B by 2024. As the next evolution of the world-wide-web, metaverse is the convergence of physical and digital realms. It will impression a broad vary of locations ranging from social media to commerce, training, enjoyment and gaming, to title a handful of.
The Business ideas to enter the metaverse industry with tiny tasks and progressively scale up about time.
Merger and Acquisitions
To develop additional swiftly, management is sourcing for opportunity acquisition candidates in the blockchain and crypto room. Additional information similar to this initiative will be supplied as factors materialized.
“The new alterations in the crypto area demanded us to re-appraise our enterprise and way going ahead,” commented Michael Lajtay, CEO of UA Multimedia. “We are really thrilled about the current initiatives and their advancement possible. We glance ahead to sharing much more info as development are manufactured.”
About UA Multimedia, Inc.
UA Multimedia, Inc. is a know-how holding organization and option service provider with a concentrate on blockchain, cryptocurrency, NFT and metaverse. It is also a keeping company in search of to acquire domestic and overseas entities who are in the similar house.
Forward On the lookout Statements:
This release contains ahead-on the lookout statements inside of the this means of Section 27a of the Securities Act of 1933, as amended and part 21e of the Securities and Trade Act of 1934, as amended. Those people statements contain the intent, perception or current anticipations of the Organization and its management staff. Some or all of the occasions or final results anticipated by these ahead-wanting statements might not occur. Prospective traders are cautioned that any this sort of forward-wanting statements are not assures of future performance and contain threats and uncertainties, and that true effects may vary materially from those people projected in the forward-looking statements as a end result of several elements. Accomplishing the system explained herein is significantly dependent on several variables, several that are not in management’s control. UA Multimedia, Inc. does not undertake any obligation nor does it intend to update the benefits of these forward-on the lookout statements.
UA Multimedia, Inc.